Industry News

BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products reduced its workforce by 2% on Wednesday.

CHICAGO (BRAIN) — Bike Index released its annual 2025 report showing a 15% increase in reported thefts of the 1.3 million bikes it registered, and more than two million are stolen annually in the U.S. with a value of more than a billion dollars.

NEW YORK (BRAIN) — The city's free e-bike and battery trade-in program has started for eligible food delivery workers to exchange uncertified devices to reduce fire hazards.

Tagged Electric bike

SAN CARLOS, Calif. (BRAIN) — The rainbow stripes that have been part of Ritchey's World Champion Series (WCS) logo for more than 30 years will no longer be part of the company's branding.

GREENSBORO, N.C. (BRAIN) — REI Co-op workers here voted to unionize, becoming the 11th store location to join the Retail, Wholesale and Department Store Union (RWDSU).

QO is partnering with Taiwan carbon manufacturer YMA on the new line.
The QO Grava crankset

KORTRIJK, Belgium (BRAIN) — Pablo Carrasco and Ignacio Estelles, the co-founders of the Rotor Bike Components, launched a new component brand called QO at the Velofollies bike show in Belgium last week. 

Justin Gottlieb.

CHICAGO (BRAIN) — Radio Flyer is expanding its independent bike dealer network by hiring Justin Gottlieb as e-bike sales director and adding several sales agencies.

Tagged Electric bike
UPDATES that Stefan Pierer is stepping down as CEO.

MURRIETA, Calif. (BRAIN) — Pierer New Mobility GmbH — the e-bike business unit of Pierer Mobility AG — says it will consolidate its functions to headquarters in Munderfing, Austria, and Murrieta, California, and phase out its operations in South Africa, Germany, and the United Kingdom.

CEO and President Eric Artz is retiring; Mary Beth Laughton to succeed him.
Mary Beth Laughton.

SEATTLE (BRAIN) — REI Co-op CEO and President Eric Artz announced Wednesday morning that he will retire at the end of March and will be succeeded by former co-op board director Mary Beth Laughton.

FOUNTAIN VALLEY, Calif. (BRAIN) — One of the first moves by Pedego’s new CEO, Larry Pizzi, will be to set up a program allowing Pedego dealers to access other brands of e-bikes for the first time.

Tagged Electric bike

PRAGUE (BRAIN) — Indoor cycling app Rouvy has acquired its fellow app brand FulGaz from the IRONMAN Group. Rouvy has added the 20 most popular FulGaz courses, including courses from real-world Ironman and Ironman 70.3 events. 

FulGaz users can continue to use the platform as usual for now.

Tagged Mergers, Acquisitions & Investments

(BRAIN) — Tern has opened its first European distribution office in Cologne, Germany. Tern Zentrale will stock the urban mobility company's full range of bikes, accessories, and parts.

Tagged Distributor news / Electric bike

TAIPEI, Taiwan (BRAIN) — Giant Group's 2024 operating revenues were down 7.4% from the year prior, but are still above pre-pandemic levels.

Tagged Earnings/Financial Reports

LAGUNA BEACH, Calif. (BRAIN) — Dominic Phipps is the first to concede that his new book — a 7-pound, 560-page, $70 oral history of the freestyle BMX movement — is more of a passion project than a business plan.

Photo courtesy of Zapata Espinoza.

(BRAIN) — A list of crowd-funding campaigns to support members of the bike industry recovering from the January wildfires in the Los Angeles area. If you learn of more campaigns, please let us know at info@bicycleretailer.com.

Getty image from Jan. 8, 2025 in Pacific Palisades, Calif.

(BRAIN) — It's difficult to assess the damage to bike industry from the Los Angeles-area wildfires that broke out this week, but the damage is sure to be significant.

EL PASO, Texas (BRAIN) — Helen of Troy's third-quarter net sales declined 3.4% year-over-year despite sales growth in its Home & Outdoor group, which includes Osprey and Hydro Flask.

Tagged Earnings/Financial Reports

WESTPORT, Conn. (BRAIN) — Fifteen years after acquiring the juvenile products brand Ergobaby, Compass Diversified Holdings has sold the brand to Highlander Partners, a Dallas-based private investment firm.

Tagged Mergers, Acquisitions & Investments
GETTY IMAGES.

BOULDER, Colo. (VELO) — Police in Colorado say the use of Apple AirTags by some bike owners led to the recovery of stolen bikes and the arrest of suspects. 

Tagged Lawsuits/legal
Low-impact aluminum reduced the carbon emissions from one bike model by 46%.

WATERLOO, Wis. (BRAIN) — Trek Bicycle says sourcing aluminum from manufacturers who use less fossil fuel has lowered the carbon impact of its alloy bikes.

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